Frequently Asked Questions
The rising need for mobile satellite services and small satellites for earth observation services around the energy, defense, and agriculture industries are factors to increase the space and satellite market growth.
The global Satellites and Space market was estimated to be worth USD 3057.56 million in 2021 and was expected to be worth USD 4361.81 million by 2028.
North American region dominated the Satellites and Space market in 2021.
Some major players in the market are Intelsat, S.E.S. S.A., Eutesat Communications S.A., Airbus S.A.S., Lockheed Martin Corporation, Thales Group, Boeing, Orbital Sciences Corporation, Millennium Space Systems, Inc., and Planet Labs Inc.
In 2021, large Satellites dominated the type segment due to the increasing demand for large satellites as they are suitable for communication technologies, remote sensing, and others.